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The unemployment challenge : Labour market policies for the recession

Author

Listed:
  • Jean-Pierre de Raad

    (New Zealand Institute of Economic Research)

  • Grant Andrews

    (New Zealand Institute of Economic Research)

Abstract

Over the next year another 50,000 people will become unemployed. The number of unemployed will surpass that of the last recession of 1997-98. To address the unemployment challenge New Zealand needs to supplement existing job search assistance with investment in training and business capital to push long term productivity growth. Subsidies to prop up jobs and firms should be avoided.

Suggested Citation

  • Jean-Pierre de Raad & Grant Andrews, 2009. "The unemployment challenge : Labour market policies for the recession," NZIER Working Paper 2009/2, New Zealand Institute of Economic Research.
    • Handle: RePEc:ris:nzierw:2009_002
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    File URL: https://nzier.org.nz/publication/the-unemployment-challenge-labour-market-policies-for-the-recession
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    References listed on IDEAS

    as
    1. David C. Maré, 2005. "Indirect Effects of Active Labour Market Policies," Working Papers 05_01, Motu Economic and Public Policy Research.
    2. Martin, John P. & Grubb, David, 2001. "What works and for whom: a review of OECD countries' experiences with active labour market policies," Working Paper Series 2001:14, IFAU - Institute for Evaluation of Labour Market and Education Policy.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    unemployment; New Zealand;

    JEL classification:

    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
    • J60 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - General

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